Ambienta has established a Net Zero Strategy to decarbonize its own operations.

As a leading sustainability-focused asset manager, and a proud signatory of the UN Principles for Responsible Investment (UN PRI) since 2012, taking an active role in achieving net zero is an economic imperative for us.

As such, in 2019 the firm committed to Net Zero by 2030 at the UN Climate Change Conference COP25 and has since worked to decarbonize its own emissions and engage with portfolio companies to support them in their own decarbonization efforts.

Ambienta’s industry-leading Net Zero Plan, aligns with the firm’s core sustainability mission and ambitions set with respect to climate change mitigation. The Plan is rooted in the firm-wide Net Zero Policy which outlines our approach and guidelines to achieve and maintain net zero emissions. The Plan rests on three main pillars:

1. decarbonization of company’s operations
2. meaningful offset projects
3. guidelines for promoting climate consciousness among stakeholders.

Decarbonization of company’s operations

As a responsible asset manager, we take every opportunity to engage on environmental issues in our operations across all offices, in line with a global commitment to curb greenhouse gas emissions. We are shifting our offices to renewable energy working alongside our tenants, increasingly reducing business travel by establishing video conferencing policy for all meetings including boards and investment committee and we are encouraging employees to switch to electric mobility.

Ambienta’s emissions in 2024, calculated in line with the GHG Protocol requirements, were equal to 1,180 tCO2eq split as follows: : Scope 1 – 29 tCO2eq, Scope 2 – 7 and Scope 3 – 1,144. Scope 1 and 2 emissions have declined by about 42% compared to 2021. Scope 3 emissions have been reviewed instead to include a more detailed and precise mapping of emission sources. Please note that all our Scope 3 emissions related to our investments across asset classes are reported in our PAI Statement.

Offset projects

Historically, we offset remaining emissions by purchasing carbon credits and obtaining third-party certification. However, in response to growing concerns around the credibility of widely available carbon credits, we revised our offsetting approach. Beginning with 2023 emissions, we ceased purchasing avoidance-based credits from traditional providers and instead adopted a diversified portfolio that includes both avoidance and removal credits, sourced via the Patch platform.

Our goal remains to invest in high-quality carbon offset projects that make a meaningful contribution to climate change mitigation. In 2024, we acquired credits via Patch to cover the full spectrum of Ambienta’s reported emissions.

Scope 3 emissions deriving from investments are managed via our ESG in Action programme and through engagement with portfolio companies across asset classes.

Ambienta Seeds the Change

Kenya is crossed by the Equator from east to west and by the Rift Valley from north to south. Because of the Rift Valley, the Kenyan territory also includes many freshwater and salt lakes, and display a widespread geothermal activity.

Ambienta started supporting in 2020 a large-scale reforestation initiative in Kenya to replenish depleted rural areas by involving local institutions and providing local communities with alternative income solutions deriving from agriculture practices.